A Spinoff Goes to Heck, after Just 10 Months by Wolf Richter • Sep 17, 2015 • 15 Comments Wall Street engineering at its best. Investors now get their hands burned off.
“There’s Just No Cash”: Oil Bust in Canada Hits Creditors by Oilprice.com • Sep 14, 2015 • 6 Comments What happens when an entire industry, even at higher oil prices, can no longer service its debt?
Oil Suddenly Gets Ugly in Mexico by Don Quijones • Sep 9, 2015 • 1 Comment Toxic mix? Chesapeake’s ex-CEO McClendon teams up with Mexican ex-president Fox.
Revenue Recession Spreads past Dollar, Energy by Wolf Richter • Sep 7, 2015 • 37 Comments Not seen since the Financial Crisis.
The Default Next Move For Oil Is Down, And Here’s Why by Oilprice.com • Sep 6, 2015 • 16 Comments Panic seems like a strong word, but….
What’s Coming Unglued Now in Canada? by Wolf Richter • Sep 4, 2015 • 15 Comments “The number of half-empty office buildings in Alberta is projected to spike.”
Brilliantly Timed Oil Reforms Push Mexico into Fiscal Meltdown by Don Quijones • Sep 4, 2015 • 3 Comments The “Peña Nieto Bottom”
Liquidity Stress Spikes to Worst Level since Financial Crisis by Wolf Richter • Sep 2, 2015 • 12 Comments Now spilling from junk-rated energy companies to other sectors.
It Gets Even Uglier In Canada by Wolf Richter • Aug 30, 2015 • 25 Comments Businesses get “crunched” in the Oil Patch, consumers lose it, indexes hit Financial Crisis levels.
Why Saudi Arabia Won’t Cut Oil Production by Nick Cunningham • Aug 26, 2015 • 16 Comments Price war to the bitter end?